Asked by: Sangeeta Jinturkar
asked in category: General Last Updated: 16th May, 2020

How does ComEd peak time savings work?

ComEd will credit your energy bill when you reduce your energy use during Peak Time Savings Hours, which typically occur for a few hours between 11 a.m. and 7 p.m. – when most air conditioners are on, stores are open and factories are running.

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Beside this, what is ComEd peak time savings?

Peak Time Savings Hours” are periods on hot summer days when ComEd will give participants the option of delaying heavy power usage to earn bill credits. ComEd will typically call 3-5 “Peak Time Savings Hours” per summer (June through September).

One may also ask, how can I save money on ComEd? You can save around 10 percent a year on cooling and heating bills by turning your thermostat setting up or down 7°F to 10°F for eight hours per day (U.S. Department of Energy). Use a programmable thermostat to conserve energy automatically.

Also question is, what are ComEd peak hours?

ComEd will credit your energy bill when you reduce your energy use during Peak Time Savings Hours, which typically occur for a few hours between 11 a.m. and 7 p.m. – when most air conditioners are on, stores are open and factories are running.

How does ComEd hourly pricing work?

ComEd's Hourly Pricing program lets you pay a rate based on hourly market prices for electricity. You can manage your costs by running appliances like the dishwasher when the price of electricity is lower, such as nights and weekends.

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